ALoha friends. Looks like our good ol’ FUQI pick from The PPT has done it again. This stock ranks very high on our system and has already been a great swing trade for about 3 dips. Here’s my new stop, add-too, hold points:
AGGRESSIVE PLAYERS:
… put your money to work, and go where momentum takes you. We already pulled back from our August high, then tested and broke previous sell point, and now we’re looking to make a new month high. Volume looks great. For aggressive players, add now on potential follow-through, or if your position is new, add at the yellow line (slightly under 29). Our goal is 30s.
CONSERVATIVE PLAYERS:
… conservative players are more concerned with stop points. Using basic price/volume measures, let’s take price @ highest point of volume which is pretty much 24 even. Therefore, that’s where we DON’T want the stock to fall under. Use block increments to build position, and bail out immediately if stock falls on high volume…
Itchy!!!!!!!!!!!!!!!!
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FUQI score: 4.62 hybrid.
FUQI kissed 30, and sold off intraday. bullish baby!
my ppt screener just returned 97 ultra bullish stocks. not sure how to read this. last time, when the screener returned 0 stocks the market rallied hard. that was in July. hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm….
Indeud. I’m also getting a little nervous that we went from a 2.25 avg. Hybrid score to a 3.05 over the course of a few days.
Nice intraday reversal…
Stupid NFLX.
My PPT Screener return 32 stocks so far. That’s still a lot. top 10 according to hybrid daily change: NKTR JAVA OPWV EVVV GSIC PRX SGP MRK ORCL WPI
got into some sept 28 calls yesterday, sold them this morning for 60% profit. Into an october 29 call in the low 29’s. YIppie.